‘Investing in local carriers won’t solve India’s aviation problems’

0
169

By P.R. Sanjai www.livemint.com

Mumbai: Tim Clark, president of Dubai-based Emirates, recently managed to convince Qantas Airways Ltd to drop a 17-year pact with British Airways in his carrier’s favour—that’s a mark of the airline’s aggression.

Tim Clark says if the private sector is encouraged to build or operate airports but interested airlines are kept from increasing flights, the Indian customer and economy loses as the airports will raise charges, which will eventually reflect in ticket prices. Tim Clark says if the private sector is encouraged to build or operate airports but interested airlines are kept from increasing flights, the Indian customer and economy loses as the airports will raise charges, which will eventually reflect in ticket prices.
Tim Clark says if the private sector is encouraged to build or operate airports but interested airlines are kept from increasing flights, the Indian customer and economy loses as the airports will raise charges, which will eventually reflect in ticket prices.

Fiscal 2012 was the 24th consecutive year that the Emirates group posted profits without receiving any protection or subsidy from the government, Clark said in an interview.

As for India, Clark admitted that the airline was concerned about the effect of the proposed increase in aeronautical charges at Delhi airport. It has no plans to acquire a stake in an airline in India since the terms are not attractive.

Edited excerpts:

LEAVE A REPLY